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GIMPA-GRASAG threatens to sue, close down account with CBG over breaches

The Ghana Institute of Management and Public Administration(GIMPA), chapter of Graduate Students’ Association of Ghana (GRASAG), has served notice it will terminate its banking relationship with Consolidated Bank Ghana (CBG) if the bank fails to unravel circumstances that led to the Association’s bank statement released to an authorised person.

They’ve further threatened legal action against the bank for breaching customer banking relationship.

“I write to invoke your investigation powers on the suspicious grounds on which someone in your institution is divulging our account information to a third party or someone outside our relationship which amounts to a breach of customer banking relationship,” a letter written to the bank and sighted by ModernGhana News said.

The letter mentioned one Emmanuel Senyo Amekplenu who is not a signatory to the Association’s account and without authorization unethically published the bank statement on social media platforms.

The letter indicated that the culprit could only obtain the said statement with the assistance of one of the bank’s staff.

Here is the letter:



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